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Operating Margin for United Bankshares (UBSI)

As of · Reported

Metric

TTM

35.1%

YoY change

+3.75pp

Trough year (1990)

12.4%

Peak year (2021)

43.7%

Operating Margin history chart for United Bankshares (UBSI) from 1989 to 2025

Latest: 32.4%

Operating Margin change chart for United Bankshares (UBSI) from 1989 to 2025

Latest: +3.75pp

Operating Margin history table for United Bankshares (UBSI) from 1989 to 2025

  • 202532.4%+3.75pp
  • 202428.7%-1.67pp
  • 202330.3%-11.20pp
  • 202241.5%-2.16pp
  • 202143.7%+12.08pp
  • 202031.6%-4.01pp
  • 201935.6%-3.26pp
  • 201838.9%+1.09pp
  • 201737.8%-3.54pp
  • 201641.3%+0.29pp
  • 201541.0%+1.20pp
  • 201439.8%+6.17pp
  • 201333.7%+2.32pp
  • 201231.4%+1.22pp
  • 201130.1%+2.82pp
  • 201027.3%+9.31pp
  • 200918.0%-6.92pp
  • 200824.9%-1.25pp
  • 200726.2%-2.74pp
  • 200628.9%-7.95pp
  • 200536.9%+3.18pp
  • 200433.7%+5.32pp
  • 200328.4%-3.03pp
  • 200231.4%+3.32pp
  • 200128.1%+6.78pp
  • 200021.3%-4.57pp
  • 199925.9%+9.03pp
  • 199816.8%-8.12pp
  • 199725.0%+3.29pp
  • 199621.7%-7.42pp
  • 199529.1%+0.41pp
  • 199428.7%+5.33pp
  • 199323.4%+3.05pp
  • 199220.3%+4.11pp
  • 199116.2%+3.78pp
  • 199012.4%-1.77pp
  • 198914.2%—

Operating Margin values are taken from United Bankshares's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About Operating Margin at United Bankshares (UBSI)

According to United Bankshares's latest reported financial statements, the company's latest reported operating margin is 35.1%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

The 2025 reading of United Bankshares (UBSI) operating margin is 32.42% – expanded 3.8 percentage points year-over-year.

The highest annual operating margin of 43.70% was reported in 2021. The lowest in the available history was 12.43% in 1990.

United Bankshares Operating Margin by Year

United Bankshares Operating Margin 2025: 32.4%

United Bankshares operating margin in 2025 was 32.42%, expanded 3.8 percentage points from 2024.

United Bankshares Operating Margin 2024: 28.7%

2024's operating margin for United Bankshares came in at 28.67%, contracted 1.7 percentage points from 2023.

United Bankshares Operating Margin 2023: 30.3%

United Bankshares posted operating margin of 30.34% in 2023, contracted 11.2 percentage points from 2022.

United Bankshares Operating Margin 2022: 41.5%

In 2022, United Bankshares reported operating margin of 41.53%, contracted 2.2 percentage points from 2021.

United Bankshares Operating Margin 2021: 43.7%

United Bankshares operating margin in 2021 was 43.70%.

See more financial history for United Bankshares (UBSI).

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